sellers market
wordnet sense
Web Definitions:
- Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by ...
- When the market conditions are such that the sellers have the advantage and multiple offers are made.
- A market in which the demand for housing exceeds the supply.
- A market condition where there are a higher number of buyers than homes available to purchase. Houses will typically sell faster and at a higher price.
- One with few sellers and many buyers.
- Market condition characterized by more buyers than sellers, so sellers have a more commanding position.
- When demand for property is greater than supply. The result is greater opportunities for owners who may find someone willing to offer the asking price or even a figure greater than the asking price.
- When demand for property outstrips supply and as a result prices move upwards.
- More buyers are looking for homes than there are homes for sale. There is a smaller inventory of homes available for sale and many buyers looking to purchase. House prices generally increase and homes sell quickly.
- A situation where demand for a security or product exceeds supply, thereby causing an increase in the price of the security or product and allowing sellers to set the terms of sale.
- A real estate market where there are more buyers than sellers of real estate. Usually during this period the top asking price is the accepted offer taken on a sale
- A market condition characterized by high prices and a supply of commodities below demand.
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